Call For Papers
Second Annual Conference on Global Financial Stability - Systemic Risk: Liquidity Risk, Governance and Financial Stability

4 and 5 July 2013, Sydney, Australia

The Federal Reserve of New York, the Bank of England, the Reserve Bank of Australia and the Institute of Global Finance at the UNSW are organising an international conference on Systemic Risk: Liquidity Risk, Governance and Financial Stability Sydney, Australia on 4 and 5 July 2013. The conference will be held at the Shangri-La hotel in Sydney.

OBJECTIVES: The overall objectives of the conference are:
- To create a forum for discussion, analysis and dialogue amongst policy makers, market participants and researchers.
- To present the latest research on Systemic Risk, Liquidity Risk, Governance and Financial Stability.

The conference welcomes theoretical, empirical and policy-oriented research. The conference programme will include both invited papers and those selected from the submissions received.

SPECIAL ISSUE OF THE JOURNAL OF BANKING & FINANCE: Selected papers at this conference will be published in a special issue of the Journal of Banking and Finance.

The special issue of the Journal of Banking and Finance will be edited by Luci Ellis, Andy Haldane, Jamie McAndrews and Fariborz Moshirian.

PAPER SUBMISSION PROCEDURE: To submit a paper, please go to the following link: http://hq.ssrn.com/conference=2013-Systemic-Risk. Please note, we do not accept paper submissions via email.

Deadline for submission of papers, including for the special issue of JBF: 1st April 2013

NOTIFICATION OF OUTCOME: The authors will be notified of the status of their papers as soon as the Selection Committee has made a decision about it. This may assist authors who may wish to book their flights earlier. However, all authors will be notified of the Selection Committee's decision by no later than 17 April 2013.

Members of the Selection Committee: Please see below or the conference website for this list.

REGISTRATION: The deadline for the conference registration is 17 May 2013. Authors who want their paper to be included in the schedule of the conference must have finalised and paid for their registration by this date.

Early bird fee: (Payment prior to the end of Tuesday 30th of April 2013)
Standard registration: AUD$480 (incl. GST/VAT)
PhD students: AUD$400 (incl. GST/VAT)

Full fee: (Payment received after the end of Tuesday 30th April 2013)
Standard registration: AUD$550 (incl. GST/VAT)
PhD students: AUD$470 (incl. GST/VAT)

The registration fee includes conference dinner. Additional guest tickets to the conference dinner are AUD$140 each.

Please note, there will be no financial support for authors whose papers are accepted for this conference and/or special issue of the Journal of Banking and Finance.

FURTHER INFORMATION: Please see website for further information: http://www.instituteofglobalfinance.org

All enquiries should be directed to globalfinance@unsw.edu.au

TOPICS: Potential research topics include, but are not limited to:
- Identifying and measuring systemic risk for financial institutions and markets.
- Liquidity risk, contagion, spill-over of financial shocks.
- Issues with respect to Basel III and financial stability.
- Macroprudential tools, regimes and supervisory practice.
- The shadow banking system (including hedge funds, mutual funds, private equity, SIVs etc), financial stability, and the regulatory perimeter.
- Issues related to corporate finance and corporate governance and global financial stability.
- Issues with respect to executive compensation.
- Issues related to corporate governance, corporate finance, mergers and acquisitions, ownership structure.
- Scale, scope, and risk economies in banks and financial firms.
- The costs of financial firm failure.
- The growth of risk transfer and the industrial organization of derivative markets and market makers.
- Complexity and firm incentives; tax or regulatory arbitrage or endogenous response to demands and IT revolution.
- Resolution methods and concepts.
- Recovery and resolution in practice.
- Individual firm and aggregate liquidity risks.
- Individual firm and aggregate effects of liquidity requirements.
- Substitution between capital and liquidity.
- Effectiveness of lending of last resort facilities for firms and the system as a whole.
- Diversity and resilience in financial system.
- The network structure of financial and payment systems.
- New Techniques in financial stability analysis.
- Designing policies for promoting financial stability.
- Measuring and monitoring risk appetite and risk-taking.

SELECTION COMMITTEE: The Selection Committee for the conference program includes: Claudio Borio (Bank for International Settlements)
Asli Demiguc-Kunt (World Bank)
Douglas Diamond (University of Chicago)
Luci Ellis (Reserve Bank of Australia)
Robert Engle (New York University)
Robert Faff (University of Queensland)
Andy Haldane (Bank of England)
Kenneth French (Darmouth University)
Xavier Gabaix (NYU)
Mike Gordy (Federal Reserve System)
John Griffin (University of Texas)
Harrison Hong (Princeton University)
Robert Jarrow (Cornell University)
Andrew Karolyi (Cornell University)
Christian Leuz (University of Chicago)Massimo Massa (INSEAD)
Jamie McAndrews (Federal Reserve of New York)
Fariborz Moshirian (University of New South Wales)
Mark Maffutt (University of Chicago)
Terrance Odean (University of California, Berkeley)
Henri Servaes (London School of Business)
Andrei Shleifer (Harvard University)
Tom Smith (University of Queensland)
Rene Stulz (Ohio State University)
Avanidhar Subrahmanyam (UCLA)